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Blog Post: Day 5 of $QQQ short term down-trend; BUT 329 US stocks at new highs, 28 lows and 67 at ATH; NONE of the stocks at ATH come from Nasdaq100 stocks–funds have rotated out of the prior leading tech stocks in QQQ!!!!
I usually focus on the QQQ to gauge the market because tech stocks are often among the growth leaders. I have never seen before a collapse in QQQ while the number of US stocks hitting new highs or all-time highs (ATH) was climbing. Note that T2108, which tracks NYSE stocks above their 40 day average…
IDP Education [ASX:IEL] Drops as Immigration Caps Bite – Fat Tail Daily
Shares in IDP Education tumbled today as the extent of the immigration caps was finally felt in their latest trading update. Shares in international student placement and language testing firm IDP Education [ASX:IEL] tumbled as much as 12% in early trading today. The drop came after the company finally quantified the impact of tightening immigration…
🚨 Nancy Pelosi’s Big Bet on AI! Did you see her recent Nvidia stock purchase? What does she know that we don’t?
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UPL, chairman Jaidev Shroff settle case with Sebi over trading violations, pay Rs 20.2 crore
Mumbai: United Phosphorous and its chairman Jaidev Shroff have settled a case with market regulator Sebi for alleged violation of its prohibition of fraudulent and unfair trade practices regulations by paying ₹20.2 crore as settlement amount. Fraudulent and unfair trade practices refer to stock manipulation. Sebi initiated a suo-moto investigation in the affairs of certain…
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HighPoint Advisor Acquires $2.09M in Walgreens Boots Home Stocks HighPoint Advisor Acquires $2.09M in Walgreens Boots We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Accept Cookies!Terms and Conditions Source link
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